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Last Updated : Aug 14, 2018 08:49 PM IST | Source: PTI

Punj Lloyd Q1 net loss widens to Rs 216 crore

Total expenses too rose to Rs 1,339.08 crore as against Rs 1,286.22 crore earlier.

 
 
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Infrastructure major Punj Lloyd today reported widening of net loss to Rs 215.64 crore for the quarter ended June 30, 2018. The company suffered a loss of Rs 194.32 crore in the corresponding quarter of 2017-18, Punj Lloyd said in a BSE filing.

Net sales during the quarter rose to Rs 1,029.28 crore from Rs 977.34 crore in the year-ago period.

Total expenses too rose to Rs 1,339.08 crore as against Rs 1,286.22 crore earlier.

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Punj Lloyd Group is a diversified international conglomerate offering EPC services in energy and infrastructure along with engineering and manufacturing capabilities in the defence sector.

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First Published on Aug 14, 2018 08:45 pm
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